Mining was the most popular
sector for foreign investors, accounting for 27pct of total investment,
followed by electricity generation, comprising 25pct, said the ministry.

Other attractive sectors for
foreign investors included agriculture, services, processing, hotels and
restaurants, construction and banking.

The Lao government has
implemented policies to reduce and exempt taxes for foreign companies to invest
in rural areas.

In the 2011-2015 period the Lao
government intends to attract $15 billion in foreign investments to help
maintain GDP growth of at least 8pct per year.

dtinews

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